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Embraer has signed an agreement with Avcon Jet AG naming the Austrian company as an Authorized Sales Representative for the entire line of its executive jets, from the entry level Phenom 100 to the ultra-large Lineage 1000. Avcon will cover Bulgaria, Croatia, Hungary, Macedonia, and Serbia.

“With its outstanding track record in the industry, Avcon Jet is the perfect partner for Embraer. Its team is one of the most successful in the area of aircraft sales, with well over 100 aircraft sold, and a strong network of contacts, especially in Eastern Europe,” said Colin Steven, Embraer Vice President, Marketing and Sales, Europe, the Middle East, and Africa – Executive Jets. “We are confident that Avcon Jet will consistently deliver on their commitment, giving our portfolio thorough exposure in the region it covers.”

Avcon Jet implemented a unique sales structure in the region, last month, focusing on strong customer relationships. Assistance with financing will be one of the major factors, when it comes to aircraft sales. With its strong banking partners, Avcon Jet is well-positioned to offer the best possible solutions for aircraft financing.

“Being an Authorized Sales Representative of Embraer Executive Jets in Eastern Europe is a great honor for us and will further position Avcon Jet as one of the leading business aviation companies,” said Alexander Vagacs, CEO of Avcon Jet. “Our experienced team of aviation experts will work closely with Embraer to ratify aircraft sales.”

About Avcon Jet
Avcon Jet AG, with its modern business jet fleet and a broad range of products, is one of Europe’s most dynamic emerging business aviation companies. The company offers an intelligent integration of complementary aircraft services and solutions, such as sales and acquisition, financing, management, charter, aircraft and project consulting, and asset management. Its growing fleet presently stands at 19 jets, covering the entire spectrum of business aviation, from small to large-cabin aircraft.

With its highly qualified flight staff, accompanied by a skilled team of legal and fiscal specialists, as well as experience in the banking, finance and insurance industries, the company is well-equipped for future expansion. Over the coming years, Avcon Jet (AvconJet.com), which is one of the fastest growing business aviation companies in Europe, intends to continue putting a guaranteed secure investment volume into its fleet and services. Therefore, the company and its partners will be even better prepared to exploit this niche market flexibly and successfully.

Embraer (Empresa Brasileira de Aeronáutica S.A. - NYSE: ERJ; Bovespa: EMBR3) is the world’s largest manufacturer of commercial jets up to 120 seats, and one of Brazil’s leading exporters. Embraer’s headquarters are located in São José dos Campos, São Paulo, and it has offices, industrial operations and customer service facilities in Brazil, the United States, France, Portugal, China and Singapore. Founded in 1969, the Company designs, develops, manufactures and sells aircraft for the commercial aviation, executive aviation, and defense segments. The Company also provides after sales support and services to customers worldwide. On September 30, 2009, Embraer (embraer.com.br) had a workforce of 16,986 employees – not counting the employees of its subsidiaries OGMA and HEAI – and its firm order backlog totaled US$ 18.6 billion.

This document may contain projections, statements and estimates regarding circumstances or events yet to take place. Those projections and estimates are based largely on current expectations, forecasts on future events and financial tendencies that affect Embraer’s businesses. Those estimates are subject to risks, uncertainties and suppositions that include, among others: general economic, political and trade conditions in Brazil and in those markets where Embraer does business; expectations on industry trends; the Company’s investment plans; its capacity to develop and deliver products on the dates previously agreed upon, and existing and future governmental regulations. The words “believe”, “may”, “is able”, “will be able”, “intend”, “continue”, “anticipate”, “expect” and other similar terms are supposed to identify potentialities. Embraer does not feel compelled to publish updates nor to revise any estimates due to new information, future events or any other facts. In view of the inherent risks and uncertainties, such estimates, events and circumstances may not take place. The actual results can therefore differ substantially from those previously published as Embraer expectations.

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